Dusk Network (DUSK)

Dusk Network is technology for securities and is focussed on delivering a blockchain that offers confidential transactions, and immediate on-chain finality. This is made possible by their novel consensus mechanism called Segregated Byzantine Agreement (SBA). SBA includes Proof-of-Blind Bid (PoBB) - a Private Proof-of-Stake leader extraction mechanism that uses zero-knowledge privacy technology to provide confidentiality to its participants.

The DUSK token fuels the Dusk Network economy. Businesses use DUSK to pay for network services, such as deploying and running a smart contract, transferring DUSK or ‘XSC-based’ security tokens. For each transaction submitted to the network, DUSK is used to compensate network nodes for bandwidth, verification, and storage.